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On November 1, Year 1, Noble Company borrowed $96,000 from South Bank and signed a 7%, six-month note payable, all due at maturity. The interest
On November 1, Year 1, Noble Company borrowed $96,000 from South Bank and signed a 7%, six-month note payable, all due at maturity. The interest on this loan is stated separately. How much must Noble pay South Bank on May 1, Year 2, when the note matures? Multiple Choice $96,000 $97,680 $99.360 $102,720
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Financial Statements Self Study Guide
Authors: Azhar Ul Haque Sario
1st Edition
979-8223894605
